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Sumitomo Metal Mining Co ( (JP:5713) ) has issued an update.
Sumitomo Metal Mining Co., Ltd. reported a challenging financial performance for the nine months ending December 31, 2024, with notable declines in profit before tax and total comprehensive income. Despite an increase in net sales, the company’s profits were significantly lower compared to the previous year, reflecting ongoing challenges in the market and impacting its financial outlook.
More about Sumitomo Metal Mining Co
Sumitomo Metal Mining Co., Ltd. is a prominent company in the mining industry, primarily involved in the extraction and processing of metals. The company is listed on the Tokyo Stock Exchange and focuses on producing and marketing metals, with a significant emphasis on sustainability and innovation in metal mining processes.
YTD Price Performance: 6.39%
Average Trading Volume: 2,333
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.49B
For an in-depth examination of 5713 stock, go to TipRanks’ Stock Analysis page.
